East Oʻahu
Waiʻalae & Kāhala
A market where the buyer with the most patience usually wins.
- Median single-family
- $3,588,000+33% YoY
- Days on market
- 38 days
- Of original list
- 96.5%
- To downtown
- 15 min to downtown
July 2026 figures for the Waiʻalae – Kāhala reporting area. Source: Honolulu Board of REALTORS®, compiled from MLS data.
Kāhala, Black Point, Waiʻalae Iki and Hawaiʻi Loa Ridge are Oʻahu’s old money, and they behave nothing like the rest of the island. Nine single-family homes closed in the area in July. At that volume there is no such thing as a market rate — there is what a specific house on a specific street is worth to a specific buyer.
Everything runs slower and softer here than in the mid-market. Homes take weeks rather than days to find a buyer and close below where they were first listed, which is the opposite of what is happening in Kaimukī or ʻAiea. That is not weakness; it is what a market looks like when nobody has to sell and nobody has to buy.
The work on this side is due diligence rather than speed. Shoreline setbacks and erosion on the beachfront blocks, leasehold history on a handful of parcels, and the gap between an assessed value and a defensible one. Bring an appraiser who works this market, not one who works the island.
The numbers
What Waiʻalae & Kāhala actually did in July 2026
Single-family homes and condos move on different clocks, so they are reported separately. A dash means the report recorded no closed sales that month — not a figure we are missing. And read the closed-sales row before you read any percentage above it: in a month with only a handful of sales, a change of several hundred percent is arithmetic rather than a trend, which is what the year-to-date rows are there to settle.
| Metric | Single-family | Condo |
|---|---|---|
| Median sale price | $3,588,000+33% | $614,750+412% |
| Median days on market | 38 days | 28 days |
| Percent of original list received | 96.5% | 97.2% |
| Closed sales | 9+80% | 8+167% |
| Active inventory | 26 | 9 |
| Year-to-date medianJan–Jul 2026 | $2,770,000+2% | $550,000-12% |
| Year-to-date closed salesJan–Jul 2026 | 41-20% | 31+63% |
Oʻahu Local Market Update, July 2026. Percent changes are against Jul 2025. Information deemed reliable but not guaranteed — and a median is an average of other people’s houses, not an estimate of yours.
On the market
Homes near Waiʻalae & Kāhala
Keep reading
Other neighborhoods
Waiʻalae & Kāhala
Thinking about Waiʻalae & Kāhala?
We work this neighborhood. Ask us what a listing here is actually worth before you write on it.